Postal or Sorting Assistants Model Paper 3 With Solutions

Question : 90 of 100

Marks: +1, -0

On which date is the establishment of State Bank of India celebrated?

$1^{st}$ January
$19^{th}$ June
$1^{st}$ July
$15^{th}$ October

Solution:

(c)

1^{st}

July is celebrated as the establishment date of StateBank of India. On 1 July 1955, the Imperial Bank of India became the State Bank of India. SBI is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai. It has assets of US

\$

388 billion and 16,000 branches, including 190 foreign offices, making it the largest banking and financial services company in India by assets.

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